As the total crypto market value drops towards 42.6 trillion, alternative coins like Shiba Inu and Cardano hit weekly lows in the past 72 hours. The alts had the short-term technicals suggesting bearish inclination but printed brief recovery gestures. Contrarily, MANA had upsurges since the past week, recording a more than 49% weekly ROI.

Cardano

Cardano (ADA) has seen a 41.3% plunge since September’s initial sessions until touching an 11-week low on October 27. After that, bulls stepped up to catalyze an upswing, registering a one-month peak on November 9.

However, they battled to secure ground as sell-off loomed, resulting in a 28.28% plummet from November 9 to November 18. With that, ADA hit a 14-week dip on November 18. Though bears showed ruthlessness overtaking the $1.8 level, bulls opposed around the lower trend-line.

While writing this content, Cardano traded at $1.808. The Relative Strength Index showed sellers’ preference but depicted recovery signals, dropping 12 points in 48 hours. Moreover, the bullish divergence by price actions and the RSI confirmed a short-term revival. On the other part, the DMI and Awesome Oscillator still show bearish attitudes.

Shiba Inu

SHIB has remained on continuous plunges after recording its all-time high on October 28. The correction phase had Shiba Inu reversing in a descending triangle and dropped by 50% in the following 22 days until November 19. During the period, SHIB touched a 3-week low on November 16.

Meanwhile, the DOGE-competitor failed to maintain beyond the $0.0000445-level, securing closest support near $0.00002914. While writing this content, Shiba Inu traded around $0.00004337.

The RSI remained around the midline in the last 19 days. However, the indicator displayed some reversal signals after a brief drop away from the oversold territory. Furthermore, the Awesome Oscillator and the DMI confirm the selling pressure.

Decentraland (MANA)

MANA has surged more than 500% since October 28 before touching its all-time high on October 31. After that, the metaverse token experienced downswings, falling by almost 45% until bulls dominated on November 11. For now, the token’s weekly ROI stands at 49%.

The bullish reversal broker out a descending wedge and resulted in northward parallel channels. Moreover, MANA bounced from the top trend-line after hitting $4.3 on November 19. Meanwhile, the token has increased by 12.3% in the last 24 hours as short-term technicals depicted a bullish outlook. At this publication, MANA lingers at $3.9349.

The RSI hovered around the midline over last week, displaying bullishness. Moreover, the DMI suggested the same. However, the Squeeze Momentum Indicator printed black dots, showing low volatility.